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Daily (18.01.2023): Oil prices rebounded to their highest level in two weeks on Tuesday on the prospect of increased demand in China
Oil prices rebounded to their highest level in two weeks on Tuesday on the prospect of increased demand in China as the world's top oil importer's economy gradually recovers despite rising infections. Thus, Brent crude oil rose by $1.46, or 1.7 percent, to $85.92 a barrel. U.S. WTI crude oil settled at $80.18 a barrel, gaining $1.11, or 1.4 % on a daily basis.
read more... 18/01/2023
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Germany in talks with Iraq over possible gas imports
Germany is in talks with Iraq over the possibility of importing natural gas from the oil-rich country, Chancellor Olaf Scholz said on Friday, as Berlin scrambles to diversify its energy sources to replace a drop in Russian fossil fuel shipments.
read more... 17/01/2023
Germany Welcomes First LNG Carrier At New Wilhelmshaven Terminal
Germany welcomed on Tuesday the first tanker carrying liquefied natural gas (LNG) at the newly opened LNG import terminal at Wilhelmshaven, with the cargo arriving from the Calcasieu Pass export facility in the United States.
read more... 04/01/2023
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Germany Stops Importing Oil From Russia Via Pipeline
Germany halted imports of Russian oil via pipeline on January 1, following through on a previous pledge to stop buying Russian pipeline crude despite the fact that the EU embargo exempts pipeline flows from Russia to Europe.
read more... 02/01/2023
Daily (30.12.2022): British gas prices increased on Thursday amid lower Norwegian exports
Crude oil prices continued to decline on Thursday, weighed by concerns that China’s demand will remain sluggish as the world’s biggest crude importer struggles with soaring Covid infections at a time of easing coronavirus restrictions. Hence, Brent crude fell by 1.2%, to settle at $82.26 a barrel. U.S. West Texas Intermediate crude settled at $78.40 per barrel, down by 0.7%.
read more... 30/12/2022